Nifty outlook and top trading ideas by Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher

NIFTY VIEW

Nifty continues to retrace breaking the near term support of 10630 and closing below it. The bias now is corrective unless we sustain above the 10630 levels for next round of up move. The support for the day is seen at 34930/10540 while resistance is seen at 35450/10660. Bank Nifty continues to be an outperformer which would have a range of 26000-26520. ICICI, Axis, HDFC and Kotak Bank continue to look positive for now while Tech stocks could get into some